Construction Loans Gold Coast
At Zanda Wealth Mortgage Brokers, we specialise in securing construction loans tailored for those building their dream home. Whether you’re embarking on a new build or a renovation, our seasoned brokers simplify the complexities of home construction loans on the Gold Coast. By partnering with a diverse range of lenders, we ensure you get the best deal for your specific project, making the entire process smooth and stress-free from start to finish.
How Construction Loans Work
Construction loans are designed to fund your home construction project in stages, paying out funds as work progresses. Unlike standard home loans, these loans are disbursed in instalments, known as progress payments, aligned with the completion of specific building milestones. During the construction period, you typically make interest-only repayments on the amount drawn down. Once the construction is complete, the loan usually reverts to a principal and interest repayment structure, similar to a regular home loan.


Navigating Construction Loan Interest Rates
Interest rates for construction loans can vary based on the lender, loan product, and your credit profile. We compare variable interest rates from multiple lenders to secure the most competitive loan options for your construction project. You’ll pay interest only on the money drawn down at each stage, helping you manage costs effectively. Our brokers guide you through every step of the process, ensuring you understand the terms and conditions and find the right construction loan for your financial goals.
Ways to Finance Your Construction
There are two main ways to finance your construction project on the Gold Coast:
Option 1: Land Purchase and Independent Builder
If you’re looking to build your dream home from scratch, you can purchase a block of land and hire an independent builder. This option allows you to design your home exactly as you envision. You’ll need a land loan to buy the land and a construction loan to finance the building process. The loan amount is released in stages, known as progress payments, as construction milestones are completed. This method provides flexibility but requires detailed planning and coordination with your builder.
Option 2: House & Land Package
A house and land package simplifies the financing process by combining the purchase of the land and the construction of the home into a single loan. This option is ideal if you’re looking for a stress-free way to build your new home. The builder typically offers pre-designed homes, making the building process quicker and more straightforward. With this option, the valuation and loan application are streamlined, and you make progress payments at each stage of the build, similar to the land purchase and independent builder option.
How We Can Assist with Gold Coast Construction Loans
Here’s how Zanda Wealth Mortgage Brokers can help you secure the best construction loans on the Gold Coast:
Securing the Best Loan Options in Gold Coast
We compare various construction loan options to find you the most competitive rates and terms. Whether you’re building a new home or renovating an existing property, our experienced mortgage brokers will help you determine the right loan amount and structure to suit your financial needs.
Maximising Benefits with a Construction Home Loan
Our goal is to help you finance your dream home effectively. We guide you through the entire building process, from initial planning and loan application to receiving the funds in stages as construction progresses. You’ll pay interest only on the money drawn down at each stage, making the process more affordable and manageable. Once the construction is complete, the loan transitions to principal and interest repayments, just like a standard home loan.
Guidance Throughout the Construction Loan Process
Our friendly team provides support every step of the way, ensuring a smooth application process. We assist with building plans, council approvals, and managing the paperwork involved. Our brokers are incredibly helpful in navigating lending criteria and fees and charges, making sure your loan is approved without hassle.
Negotiating the Best Terms for Construction Loans
With our extensive network of lenders, we negotiate the best terms and conditions for your construction loan. We consider various finance options, including house and land packages, to find you the right loan to build your new home.
How to Apply for a Construction Loan with Our Gold Coast Team
Step 1
Discovery Call & Initial Planning
Begin with a discovery call to discuss your building plans and financial goals. Our mortgage brokers will help you understand how much you can borrow and determine the best loan to suit your needs. We will review your ideas for building your own home or investment property, ensuring you’re on the right path from the start.
Step 2
Intel Gathering and Option Weighing
Our team will gather detailed information on various building loans and renovation loan options from multiple lenders. We’ll compare these options, focusing on getting the best rates and terms for your construction loan service. This step ensures you find the right loan for your project, whether you’re looking to build a home or buy a house and renovate.
Step 3
Lodge Your Application
Once we’ve found the right loan, we’ll help you lodge your application. This includes preparing all necessary documentation and ensuring everything meets the lender’s criteria. We make the process stress-free by handling the paperwork and keeping you informed every step of the way. During this stage, you’ll also learn about the payment schedule and how you’ll pay interest on the money drawn at each construction milestone.
Step 4
Ongoing Support
After your loan is approved, our support continues throughout the construction process. We assist with managing progress payments, ensuring funds are released at each stage of construction. Our goal is to help make your dreams of building a house a reality, providing guidance and support until your completed house and land are ready for you to move in.


What Our Valued Clients Have to Say About Us
Contact Us to Get Started on Your Gold Coast Home Construction Loan
Ready to build or renovate your home on the Gold Coast? Book a free strategy session with Zanda Wealth Mortgage Brokers to explore your best construction loan options. Call us at (07) 5556 4761 to get started on securing your construction home loan today!